There was a defect in the original rebasing legislation in relation to `small' part-disposals but only where there was insufficient allowable expenditure to allow the normal rule that the consideration is deducted from that expenditure to be applied. In such cases special rules apply under

TCGA92/S23 (2); CGTA79/S21 (2) (compensation money applied to restore an asset)

TCGA92/S122 (4); CGTA79/S74 (4) (capital distribution on shares)

TCGA92/S133 (4); CGTA79/S83 (4) (premiums on conversion of securities)

TCGA92/S244; CGTA79/S109 (small part disposals of land).

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